Hey Traders,
Back in Colorado for the summer — Florida’s just too hot this time of year.
But you know what else is heating up?
The market.
And honestly, I think it’s hotter than most people realize.
We’re set up for new all-time highs in both the S&P 500 (SPY) and the Nasdaq (QQQ), and there’s real strength under the hood.
Another one that we’ll see new highs in? Microsoft (MSFT) is leading the charge — this thing’s on the verge of hitting a five-year high, and when a big name like that starts to move, it tends to pull a lot of tech along with it.
But that’s not the only action I’m watching.
There’s some wild stuff happening in CoreWeave (CRWV). It’s trading like a meme stock right now — completely off the hook.
What makes it really interesting is that Nvidia (NVDA) owns 24.8 million shares of it. Depending on where CRWV is trading, that’s close to a $4 billion position for Nvidia.
So if CoreWeave keeps ripping higher, it could help lift NVDA too.
Now, two other names I’ve been pounding the table on — and still like — are IBIT and HOOD.
IBIT is a pure Bitcoin play. And in my opinion, it makes more sense than buying Bitcoin itself.
That’s because you can use options on IBIT, which opens the door to all kinds of smart strategies.
Same story with Robinhood (HOOD). It’s been doing really well lately. And both IBIT and HOOD are still under $100.
For smaller accounts, that means you can buy 100 shares, sell covered calls, or sell puts to collect income — a lot of flexibility for generating income without needing a huge portfolio.
So here’s my message to you today:
Don’t let this market run away from you.
I’ve seen too many stocks take off lately that I wanted to trade but didn’t move on fast enough.
I don’t want that to be you. This is a great time to be bullish — selectively, tactically, and with a plan.
Oh — and keep your eye on Tesla (TSLA). There’s something really interesting happening there that you should check out if you haven’t seen yet.
Trade well,
Jack Carter
